Investors File Dispute Against Michael Mandarino Involving GWG L Bonds
Michael Mandarino (CRD #: 4443175), a broker registered with G.A. Repple & Company, is involved in a pending dispute, according to his BrokerCheck record, accessed on September 10, 2022. If you want to learn more about Michael Mandarino’s conduct as a broker, read on.
Investor Dispute
On June 6, 2022, several clients filed a dispute naming Michael Mandarino in allegations involving recommendations of GWG Holdings Bonds. This dispute is pending.
GWG Holdings has filed for bankruptcy and allegedly failed to make $1.6 billion in payments to GWG L Bonds investors. L Bonds were highly illiquid investments and were unsuitable for many investors.
Background Information
Michael Mandarino has passed the following exams:
- Series 65 – Uniform Investment Adviser Law Examination
- Series 63 – Uniform Securities Agent State Law Examination
- Series 7TO – General Securities Representative Examination
- SIE – Securities Industry Essentials Examination
- Series 6 – Investment Company Products/Variable Contracts Representative Examination
- Series 26 – Investment Company Products/Variable Contracts Principal Examination
Michael Mandarino is a registered broker in all 50 states and the District of Columbia. He is also a registered investment adviser in 25 states and the District of Columbia.
He has also worked for the following firms:
- Intervest International Equities Corporation (CRD#:20289)
- Intervest International (CRD#:111516)
- First Command Financial Planning (CRD#:3641)
- First Command Bank (CRD#:128851)
Kurta Law Can Help
If you worked with Michael Mandarino and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.
For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.